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Forwarded from Polygon Official Announcements (Chandresh Aharwar)
#CommunityFirst

October 2019 Token Unlock: 100% Foundation Tokens to be used for Staking Activities

• 100% of unlocked Matic Treasury tokens (Foundation & Ecosystem) to be allocated to staking activities
• ~40% of Investors are voluntarily not taking any unlocks
• In all, ~80% of total unlocked tokens NOT to be released into the market
• Only ~20% of the unlocked tokens (248,446,690 tokens) to be released
This was the first & last Investor token unlock (50% unlocked on listing & 50% unlocked now). No more token sale unlocks.

Read the full details on our blog: https://blog.matic.network/october-2019-token-unlock-100-foundation-tokens-to-be-used-for-staking-activities

Retweet: https://twitter.com/maticnetwork/status/1187697094208958469
Sometimes it makes you wonder are we really in a bear market?

Nice short squeeze by $BTC
Goodbye bears.... 🐻
Wish you Happy Diwali to all Bhai log...

Hope this DIWALI brings more prosperity and wealthy crypto portfolio for you guys...
Forwarded from Polygon Official Announcements (Nirbhik Jangid | Matic)
#Community #StakingStage1Begins

Announcing the launch of 'Counter Stake' - Matic's Incentivized public validator network for testing the staking process

We are now ready to launch our first stage of stress testing Staking process with Public Validators with an incentivized version on our beta-mainnet.

Important updates in Staking Process:
- Proposer bonus calculation
- Transaction fee details
- Validator details
- 3 Million $Matic Tokens Reward Pool

Read the full update details here: https://blog.matic.network/matic-network-staking-update-and-becoming-a-validator/

Start Here: https://matic.network/counter-stake

Retweet: https://twitter.com/maticnetwork/status/1188740130200264704
Forwarded from Polygon Official Announcements (Chandresh Aharwar)
#GamingAdoption #NFTSaleOnMatic

Trial of Artemis to launch NFT sale on Matic Network!

We are thrilled to announce that Trial of Artemis, a new game onboarding to Matic Network built by the Chainbreakers team, will launch the Matic-hosted NFT sale!

The sale, being held to celebrate the launch of ToA, will offer users the chance to purchase from a range of nine different pets (NFTs). Players will be able to spawn these pets on Chainbreakers parcels in the Decentraland metaverse.

These pets will remain extremely exclusive, with only 630 NFTs being offered in the sale. The sale will take place in three stages, beginning on October 31st.

We have thoroughly enjoyed #BUIDLing with the Chainbreakers team and look forward to this next chapter together.

Read more about the ToA NFT sale here: https://medium.com/qwellcode-vr/upcoming-trial-of-artemis-pet-sale-c13478e989d3

Retweet: https://twitter.com/maticnetwork/status/1188816054258151425
CCIEE Vice Chairman Says PBOC Will Be First to Roll Out Digital Currency

"Huang Qifan, vice chairman of CCIEE (China Center for International Economic Exchanges), has expressly stated that he does not believe Facebook’s digital currency Libra will be successful. He firmly holds that China’s central bank is close to developing its blockchain-based financial technology and will be the first in the world to officially roll out a usable digital currency"

https://pandaily.com/cciee-vice-chairman-says-pboc-will-be-first-to-roll-out-digital-currency/

This will bring out more competition from competing countries boosting adoption we all have been waiting from last 10 years.

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I was looking to lend my USDT to earn the interest on it instead of just keeping it idle in my Ledger and I found 3 top Crypto Lending Sites for longer term lending.
My requirement were Secuity, insurance, NO-lockup, withdraw anytime etc.
(I would not urge to lend all of your portfolio just enough of it which gonna stay idle for long time.)

1. NEXO

a. Founded in 2017
b. backed by the founder of TechCrunch: Michael Arrington.
c. Have nearly 200,000 customers and back payments in 45 Fiat currencies.

PROS :

a. Nexo Wallets provided by BitGo. Thus, users who borrow or lend Bitcoin and other cryptocurrencies are
b. Funds are insured for up to $100M by Lloyd’s, in case of a hack or bankruptcy. This amount is for the total company, not per person.
c. Daily interest. Deposit/Withdraw anytime.
d. 8% interest (USD, EUR, GBP, USDT, TUSD, USDC, PAX, DAI)
e. Available on Web and mobile app.

CONS :

a. Can only deposit stable coins and fiat currencies.
b. No support for BTC and ETH yet, but there is no projected idea when this will happen.

2. BLOCKFI

a. Founded by Zac Prince and Flori Marquez.
b. Company has raised over $20M from including Coinbase Ventures.

PROS :

a. 6.2% interest rate on BTC and 3.3% on ETH for lenders, compounded.
b. 4.5% interest rate for borrowers. This is a plus for lenders.
c. No minimum deposit.
d. Crypto assets are stored with Gemini (licensed custodian with insurance and has a perfect track record void of hacks or customer fund losses.)

CONS :

a. Interest rates decrease to 2.2% and 0.2% for deposits over 10 BTC and 100 ETH (respectively).
b. Only BTC, ETH and GUSD are available.
c. Not FDIC insured, though Gemini -- their wallet provider -- has a strong track record for security.

3. CELSIUS NETWORK

a. Founded in 2018 by Alex Mashinsky (one of inventors and patent holders of VOIP (voice over IP) technology.)
b. He holds numerous awards for entrepreneurship.

PROS :

a. Offers interest on BTC, ETH, and other top 10+ cryptocurrencies.
b. No withdrawal fees, no deposit fees, no transaction fees, no early termination fees, no origination fees.
c. same insurance security as NEXO provided by Lloyd’s.
d. Weekly interest. Deposit/Withdraw anytime.
e. Higher interest rates (8%+) than NEXO on stablecoins.
f. Higher interest rates (up to 10%) when accepting to be paid interest with CEL tokens -- the Celsius cryptocurrency.

CONS :

a. CEL, their ICO token, has been suspended for U.S. customers. Which means U.S. customers can’t benefit from the highest interest rates possible.
b. Mobile App only. The user experience isn't as good as Nexo's.

There are other lending sites which I won't go in detail which cater exclusive to some coins like Compound.Finance (only DAI stable coin) and DharmaLever (Only DAI stable coin and Ether, 90 day lock in).

CONCLUSION :

Overall, I think Nexo and Celsius are 2 lenders where I'll try to lend to earn interest instead of depending on only one for diversification.
Both have pros & cons and it's better to not put all egss in one basket.
🚨⚠️
BITMEX had a serious email privacy issue today which caused some users receiving email addresses of other users in a general user update email.

https://blog.bitmex.com/statement-on-email-privacy-issue-impacting-our-users/

Plz make sure to safeguard your account with all authentication methods provided.

I have also received same email with almost 500+ other user email IDs in CC

Binance has also advised to change your email id of Binance if you used same id for BITMEX login.
https://twitter.com/binance/status/1190176334837735425?s=20

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Good job ShitMEX...fucktards
RUN...Saj...RUN

"When Investors Fight Back – Inside a Crypto Scam"

https://news.bitstarz.com/when-investors-fight-back-inside-a-crypto-scam

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Forwarded from 2key network News & Updates
True disruptive technology takes time

We have been working for over 2 years on the 2key protocol and our Network. Our work started slow with just Eitan coding, but over the past 2 years, we grew an amazing team of over 18 people that are all working day and night to make 2key reality.

We believe that small businesses should have the same chances as huge monopolies.

If you want to help us on our path to bringing Crypto to mainstream, join us.
Too many ICOs just talk, raise, and run!

We think there is a different and better way to bring innovation through tokenized startups. So if you like what we do and want to help, reach out to us on our Telegram, LinkedIN, or other social media channels. 🗝🗝

Join the @twokey_official channel

https://youtu.be/vjr6HkpE2YQ
Regulatory Uncertainty Causes Indefinite Postponement of K.im Token Sale.

https://www.bitfinex.com/posts/430

After careful evaluation, we regret to announce that Bitfinex Token Sales and the K.im team have mutually agreed not to hold the token sale at this time.

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Excited to co-host the Blockchain and Payments meetup in Bengaluru along with Harmony Protocol, Matic Network and IBC Media!

One of the biggest use cases for blockchain technology is the FinTech industry with a massive opportunity in the Indian market and on that front, we’ll be participating in panel session along with Harmony’s CEO, Stephen Tse and Matic Network on the Implementation of Blockchain in the FinTech space in India.

If you’re developer, business or an entrepreneur in the FinTech space looking to explore the possibilities of blockchain in your industry, this is for you!

Event: https://www.meetup.com/IBC-Media-Events-for-Blockchain-Developers-and-Startup/events/266201243/

RSVP: https://forms.gle/j9mn8FWuSfzMM5149

Follow, Like & RT: https://twitter.com/MarlinProtocol/status/1192019739956002816
Forwarded from Polygon Official Announcements (Chandresh Aharwar)
#Community #Liquidity

According to a report by Hummingbot, MATIC is one of the strongest crypto assets in terms of liquidity!

Though MATIC’s position in terms of market capitalization is currently ~100, by volume MATIC token is ranked at position ~30.

Liquidity is one of the most important aspects of determining the health of any crypto asset. Whereas most smaller-cap cryptocurrency coins have low liquidity, MATIC is excelling in this department.

Read the full report here: https://cryptobriefing.com/liquidity-coin-hummingbot

Retweet: https://twitter.com/maticnetwork/status/1192092636158418944
If you take $3,000 and turn it into $4 million in less than a year from trading Bitcoin, take some fucking profits, okay?

Don't be like this guy.
​​Matic launches decentralized storage for Dapp developers by partnering with Moibit.

This collaboration will enable the creation of Dapps which combine on-chain transactions with off-chain storage. By using Matic’s blockchain scaling solution alongside MoiBit’s decentralized data storage network, Dapp developers are now being empowered to create Dapps which can effectively provide the mainstream population with verifiably secure, high-performance data storage.

Read more :https://medium.com/moibit/móibit-is-now-live-on-matic-network-as-the-decentralized-storage-partner-25c179dfd873